Bichler, Shimshon; Nitzan, Jonathan - 2023
This paper is part of a dialogue with Blair Fix on how inflation redistributes income between creditors and workers and … the way in which monetary policy affects this process. In his 2023 paper, ‘Inflation! The Battle Between Creditors and … (favouring workers during some periods and creditors in others); and second, that since the 1970s, Fed policy to combat inflation …